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combined. china, russia, france, the united kingdom, you name it, next ten. >> reporter: sequestration would not change that according to the center for strategic and budgetary assessment, it is not the size of the cuts, about $50 billion a year that would be so damaging but the fact that they would be across-the-board. panetta adds that except for military pay every program from the joint strike fighter military band was be cut by the same amount, 23%. >> it's absolutely a foolish thing to do. if you want to cut the defense budget that's fine. this is a foolish way to do it. >> reporter: in other words, if the pentagon were allowed to pick and choose its cuts sequestration might not be the disaster secretary panetta is predicting. david martin, cbs news, the pentagon. >> glor: pentagon contractors aren't the only one in with a stake in this debate. 120,000 small contractors take part in the federal marketplace. a market worth $500 billion. lowell vant slot is scrambling to run every conceivable raanning scenario for 2013. he's the military contracts manager for u.s. technologies which
forensic teams from switzerland, france and russia. the results of the investigation aren't expected for several months but arafat's body will immediately be reburied with full military honors. palestinians are convinced israel supplied the poison. this man is more interested if they had help from palestinian collaborators. >> reporter: in the meantime his image remains useful. it held pride of place at a demonstration today to support a bid to gain observer status at the united nations for the palestinian state arafat spent his life trying to create two days after he was to be dug up and reburied. allen pizzey, cbs news, ramallah. >> glor: the investigation continues tonight after a terrible fire at a garment factory in bangladesh. officials say there were no emergency exits so panicked workers jumped from windows. some as high as eight stories up as the fire spread. so far at least 112 people are known to have died. in this country retailers are hoping for strong sales this holiday season. consumers are expected to spend nearly 750 dollars on average, this year. that's up nearly $9
Search Results 0 to 2 of about 3 (some duplicates have been removed)

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